Cem Zeytin AS (IST:CEMZY) Debt-to-Equity : 0.24 (As of Dec. 2024)

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What is Cem Zeytin AS Debt-to-Equity?

Cem Zeytin AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₺709 Mil. Cem Zeytin AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₺110 Mil. Cem Zeytin AS's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₺3,381 Mil. Cem Zeytin AS's debt to equity for the quarter that ended in Dec. 2024 was 0.24.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Cem Zeytin AS's Debt-to-Equity or its related term are showing as below:

IST:CEMZY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.67 Max: 0.85
Current: 0.24

During the past 4 years, the highest Debt-to-Equity Ratio of Cem Zeytin AS was 0.85. The lowest was 0.24. And the median was 0.67.

IST:CEMZY's Debt-to-Equity is ranked better than
63.07% of 1657 companies
in the Consumer Packaged Goods industry
Industry Median: 0.38 vs IST:CEMZY: 0.24

Cem Zeytin AS Debt-to-Equity Historical Data

The historical data trend for Cem Zeytin AS's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Cem Zeytin AS Debt-to-Equity Chart

Cem Zeytin AS Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

0.85

0.71

0.64

0.24

Cem Zeytin AS Quarterly Data
	Dec21	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.64	0.68	0.27	0.24

Competitive Comparison of Cem Zeytin AS's Debt-to-Equity

For the Farm Products subindustry, Cem Zeytin AS's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Cem Zeytin AS's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cem Zeytin AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cem Zeytin AS's Debt-to-Equity falls into.

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Cem Zeytin AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cem Zeytin AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(708.637	+	110.294)	/	3381.191
	=	0.24

Cem Zeytin AS's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(708.637	+	110.294)	/	3381.191
	=	0.24

Cem Zeytin AS (IST:CEMZY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Cem Zeytin AS Debt-to-Equity Related Terms

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Cem Zeytin AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cem Zeytin AS (IST:CEMZY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Edremit-Balikesir Asphalt, 4.km Havran, Balikesir, TUR

Website

https://www.cemzeytin.com.tr

Cem Zeytin AS is engaged in production of pickled black and green olives, olive storage, processing and packaging.

Cem Zeytin AS Headlines

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